I hope perhaps, you find my posts good enough |
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One of the core troubles accustomed to traders of crypto currency is their mindset.
Believe me, as a trader, you need to be confident and always trade to win and make profits.
Never have it in mind that you are trading to lose, develop a strong mentality and always dyor
Your mindsets determines what you see on a trade chart anytime
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I want to assume that there are few people, who make several profits from trading altcoins, but sell their profit to bitcoin, and then over time while holding bitcoin, it dumps and their profits dips alongside bitcoin.
Why not do it this way ?
Since you trade mostly in altcoins, as soon as your make your profits, sell them to stable coins or fiats, close that trade chapter.
If you are passionate about hodling bitcoin, always convert to usdt or other stable coins and be patient for a fair entry point. Because the market isn't running away
What do you think everyone ? is there a better pattern that can be practiced?
I am open to more suggestions.
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this is still effective. it is still working in the Forex market where the president of china or the U.S.A makes a bold statement about finance and watch how it plays in the Forex market. same is applicable in the crypto world. when people like elon mosk and Justin sun make mouth on some crypto projects, the market always changes.
I don't know much about the forex. But in crypto currency as long as you build trust amongst your community. and you can make basic hypes. then your project is going places. |
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Only one word - HODL - stay strong friends!
As an investor, you cannot always preach hodl during dips,. You need to have a strategy in place. Sometimes durng dip, you sell, wait for it to get lower and buy back reserving your profits. Sometimes, you go to usdt, and stay there until convenient. HODLING is not a permanent solution. |
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Crypto is a market where people comes to buy and sell, as people are leaving same as many are coming in. I have many friends that are eager to learn trading and I also know many that have giving up on trading. So it's a market that can't get shut down, it's a market that many old players still stands fully and they are enjoying the market. I am an old trader and I deeply do enjoy the market.
I think it is good that you have friends that wants to learn crypto trading, it shows that people are willing to adopt the crypto currency even more. Guide your friends, and let them learn slowly and steadily. |
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Ifemini, why do you always start a self-moderated post? Innovation a good community is a must, good innovation without a good community will be unheard and the builder will be hit by lack of fund for progressive sustenance and development. Binance keeps improving in their innovation and have got the community and these people trust binance ability to deliver and not lead them to hell.
Perhaps to ward off new accounts that spam around, once they see moderated, they look away And i totally agree with you, just as I have stated, the Binance community trusta binance products so much, there are no doubts or guesses whenever a new feature is out |
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If we cite few examples, i want to believe that you all agree with me that Binance is the new face of crypto currency exchange leading from every front ? Do you also agree that, binance features were not always the first of all, for example, exrates added fiat crypto gateway to their exchange platform 2 years ago without much usage or acceptance. t.me/exratesme/411Now fast forward 2 years, and binance adds Nigerian Naira gateway via flutterwave, and it shook the whole crypto sphere as a completely new innovation. And binance has proceeded to add over 10 fiat gateways to their exchange platform Core lesson to developers is to always boost their communities and remain relevant, that way people get to use and explore the benefits from their innovation. NB: You can also contribute more to the thread, i used binance and exrates as a case study to further emphasize my points, no discrimination at all. Always DYOR. In a short addition, i would like to say Binance is in a leagues of its own. With other exchanges coming up following up their examples. Stay safe, stay indoors. |
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If we cite few examples, i want to believe that you all agree with me that Binance is the new face of crypto currency exchange leading from every front ? Do you also agree that, binance features were not always the first of all, for example, exrates added fiat crypto gateway to their exchange platform 2 years ago without much usage or acceptance. t.me/exratesme/411Now fast forward 2 years, and binance adds Nigerian Naira gateway via flutterwave, and it shook the whole crypto sphere as a completely new innovation. And binance has proceeded to add over 10 fiat gateways to their exchange platform Core lesson to developers is to always boost their communities and remain relevant, that way people get to use and explore the benefits from their innovation. NB: You can also contribute more to the thread, i used binance and exrates as a case study to further emphasize my points, no discrimination at all. Always DYOR. |
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Most questions that bothers newbies, and crypto currency ethusiasts are,
can i join this trade?
is crypto currency bearish enough to trade?
Is it safe to trade now ?
Can i learn trading now ?
Amidst such doubts, and thoughts, i believe as a newbie or established crypto professionals, as long as you have done your research and learnt basic trade strategies.
It is easier to begin as a traders, and if you learn faster, the best.
But the door is always open to new traders or new investors.
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Hi guys I need help with EOS wallet, I ran out of CPU and RAM and I can't make any transaction again, is there any solution? I will be very glad, the wallet I'm using is bancor network, If I want to buy RAM I get insufficient CPU, most wallets I import to says 'wait for 24hours for CPU to generate' but never happened and if I decide to stake CPU I get error not enough RAM, help
I have for once got this type of error before and i hope my suggestions does help you. 1. Buy eos from binance or kucoin or top exchanhges and send to the wallet. 2. download tokenpocket from your ios or android app. 3. Import your eos keys into the token pocket app and then proceed to buy resources. 4. get your cpu and ram from the resources easily. I figured i should probably add pictorial aids. CLICK ON RESOURCES BELOW
 Then you click on rent cpu, before you choose iBank as cpu provider, after which you can choose the amount you can afford to buy To buy RAM, There is RAM button beside the CPU, AFTER YOU CLICK ON RESOURCES, Click on ram and this image appears. forensic careers and salariesI hope you are able to get it right finally |
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Hi guys I need help with EOS wallet, I ran out of CPU and RAM and I can't make any transaction again, is there any solution? I will be very glad, the wallet I'm using is bancor network, If I want to buy RAM I get insufficient CPU, most wallets I import to says 'wait for 24hours for CPU to generate' but never happened and if I decide to stake CPU I get error not enough RAM, help
I have for once got this type of error before and i hope my suggestions does help you. 1. Buy eos from binance or kucoin or top exchanhges and send to the wallet. 2. download tokenpocket from your ios or android app. 3. Import your eos keys into the token pocket app and then proceed to buy resources. 4. get your cpu and ram from the resources easily. |
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When i mean mouth work wonders in the crypto space, i mean we have selected few crypto leaders, or ceos whose word are held in high regard and can definitely push up the price of certain altcoins if mentioned.
It also applies to project that can be bullish with their words and products, it generates a natural hype that can push up prices of any altcoins in the crypto sphere.
Do you think the same ? or have examples of such ceos or influencers whose words hodl great volume ?
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To be honest, this present dip situation where all prices got low has taught me that, as an investor planning and waiting to buy the bottom of top crypto currency tokens, you need to have in store lots of tusd or usdt or stable coin to achieve that.
The rate at which to buy bitcoin from local fiat notes increased immensely during this dip, making it hard to buy btc or eth.
Who else noticed such occurrences?
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
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right, be patient and keep holding your coins until the price goes back up. I myself still hold BTC because I bought it at a cheap price a few minutes ago. If you buy at high prices continue to hold back until your capital returns, I hope traders do not panic in situations like this.
The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.
What do you think? Is it a smart move at this time?
But when you keep holding your coin expecting a bounce in the price and the price goes on decreasing furthermore, you would have no options left. I bought bitcoins at 8.5K, didn't sold them when they reached over 10K and now they are down to 6K. What use would be to sell them for stable now. I'd rather love to see them get a value of zero than selling them for a loss. You have got a beautiful investment skill But do you know that if you had sold bitcoin at 10k and bought back now You would be 50% richer?? One of the core attributes of trader is knowing when to back off a trade and when to get in |
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The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.
What do you think? Is it a smart move at this time?
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Alot of blogs and articles are referencing the facts that the present dip in prices is related to corona virus outbreak. But I do not believe so
I believe It's not just the virus, all these things were going to happen,
the virus just lit the match and acted as a catalyst
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Actually Bitcoin needs fiat currency to fuel its global value. Therefore it will never replace fiat in actual world. On the other hand Bitcoin is a digital currency and will replace fiat for digital transactions. The adoption is slow but gradually it is happening, considering Bitcoin is only a decade old.
With Lightening network you can send min 1 Satoshi and the payment is also instant.
Ok, i think i agree, but to my knowledge, lightening network is expensive as it consumes alot of power per transaction and it is not functional yet. Litecoin and some projects only talked about it, but nothing yet. Even recently, Matic has also made mention of it, any project yet finalized the lightening network ? |
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